From Stephen Koukoulas, who explains:
The post is a simple factually based report and at the moment draws no conclusions on causality, correlations or linkages between the carbon price starting and movements in the various indicators.
Since end June 2012
Official cash rate: No change
Australian dollar (vs USD): +1.8%
10 year govt bond yield: -0.12 percentage points
RP Data house prices: +0.6%
Change in Housing Wealth: +$24 billion
Westpac index of Consumer sentiment: +3.7%
. That great big new tax is HOW big?
. The carbon tax will cost how much?
. Carbon tax: We'll wonder what all the fuss was about